Hyundai Motor Announces IONIQ Brand Dedicated to EVs, Opening New Chapter for Customer-Centric EV Experiences

- Hyundai's dedicated EV brand IONIQ embodies company's smart mobility vision

- Company aims to offer connected lifestyle experience to customers with IONIQ brand models

- Hyundai will introduce three innovative IONIQ EV models over the next four years,starting early 2021 with IONIQ 5,a midsize EV CUVbased on the concept '45'

- IONIQ EV models will be built on the E-GMP platform

- IONIQ brand embodies Hyundai's commitment to provide connected lifestyle solutions

- Hyundai celebrated the brand launch by turning the London Eye into a giant letter 'Q' with electric lights

SEOUL,South Korea,Aug. 10,2020 -- Hyundai Motor Company today announced the launch of its new IONIQ brand dedicated to battery electric vehicles,opening a new chapter as a leader in the era of electrified mobility. Under the IONIQ brand,Hyundai will offer customer centric EV experiences centered on connected lifestyle solutions in line with Hyundai's vision of 'Progress for Humanity'.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8759551-hyundai-ioniq-ev-brand/

Under the IONIQ brand,Hyundai Motor will leverage its industry-leading manufacturing know-how in EVs to introduce three new dedicated models over the next four years with more innovative models to follow. The creation of IONIQ brand is in response to fast-growing market demand and accelerates Hyundai's plan to lead the global EV market.

To fulfill IONIQ's brand mission,Hyundai will combine its current EV capabilities – such as ultra-fast charging,spacious interior,and battery-supplied power – with future innovations that combine design,technologies and services to integrate in-car and out-of-car experiences for a seamless journey.

"The IONIQ brand will change the paradigm of EV customer experience," said Wonhong Cho,Executive Vice President and Global Chief Marketing Officer at Hyundai Motor Company. "With a new emphasis on connected living,we will offer electrified experiences integral to an eco-friendly lifestyle."

Rebirth of IONIQ

Hyundai first introduced the term IONIQ,which fuses "ion" and "unique",when it announced Project IONIQ,a long-term research and development project focused on eco-friendly mobility. Based on the project,Hyundai in 2016 introduced a vehicle named IONIQ,the world's first and only model to offer a choice of three electrified powertrain options – hybrid electric,plug-in hybrid and battery electric – within a single body type. Now,IONIQ represents Hyundai's growing commitment to sustainability and innovation and will be instrumental in achieving the company's clean mobility goals.

IONIQ 5 / IONIQ 6 / IONIQ 7

Hyundai will be launching a range of numerically named EVs under the new brand,with the even numbers used for sedans and the odd numbers for SUVs.

The first model under the IONIQ brand will be the IONIQ 5 midsize CUVthat will launch in early 2021. IONIQ 5 is based on the concept EV '45',which Hyundai unveiled at the International Motor Show (IAA) 2019 in Frankfurt as a homage to its very first concept car. IONIQ 5's designers took inspiration from the past and integrated it with cutting-edge parametric pixels,a unique design element that Hyundai designers will continue to incorporate into future IONIQ models.

In 2022,Hyundai will introduce IONIQ 6 sedan,which is based on the company's latest concept EV 'Prophecy',unveiled in March; followed by IONIQ 7,a large SUV in early 2024. Prophecy's iconic exterior design is characterized by its aerodynamic silhouette of perfect proportions.

Likewise,IONIQ vehicles' designs will have a common theme of 'Timeless Value'. The vehicles will be inspired by past models,but they will be a bridge to the future.

E-GMP platform

IONIQ brand models will sit on an Electric Global Modular Platform,known as E-GMP,that will enable fast charging capability and plentiful driving range.

The EV-dedicated platform will allow Hyundai to reimagine the vehicle interior as "smart living space" with highly adjustable seats,wireless connectivity and unique features such as a glove box designed as drawers. The platform paradigm shift will extend into the user interfaces that will be simple,intuitive and ergonomically designed to help occupants feel at ease.

London Eye Event: IONIQ Campaign

Hyundai has celebrated the launch of IONIQ by turning the London Eye into a giant letter "Q" using electric lights just before the official reopening of the famous attraction.

This marks the first event of the 'I'm in Charge' brand campaign,which promotes empowerment of the environment and diverse lifestyles through IONIQ.

A video of Hyundai turning the globally famous London Eye into a huge 'Q' can be viewed here: https://youtu.be/PL1scZfgrDA.

Information about IONIQ Brand can be found at:www.hyundai.com/worldwide/en/brand/ioniq-launch

More information about Hyundai Motor and its products can be found at:

http://worldwide.hyundai.comor http://globalpr.hyundai.com